VISUAL ARTS PLYMOUTH C.I.C.

Company limited by guarantee

Company Registration Number:
11779565 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

VISUAL ARTS PLYMOUTH C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

VISUAL ARTS PLYMOUTH C.I.C.

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 5,379 3,613
Total current assets: 5,379 3,613
Creditors: amounts falling due within one year: 3 ( 5,125 ) ( 3,360 )
Net current assets (liabilities): 254 253
Total assets less current liabilities: 254 253
Total net assets (liabilities): 254 253
Members' funds
Profit and loss account: 254 253
Total members' funds: 254 253

The notes form part of these financial statements

VISUAL ARTS PLYMOUTH C.I.C.

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 October 2025
and signed on behalf of the board by:

Name: Mr Rhys Morgan
Status: Director

The notes form part of these financial statements

VISUAL ARTS PLYMOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VISUAL ARTS PLYMOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 4 3

VISUAL ARTS PLYMOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 4,765 3,000
Accruals and deferred income 360 360
Total 5,125 3,360

COMMUNITY INTEREST ANNUAL REPORT

VISUAL ARTS PLYMOUTH C.I.C.

Company Number: 11779565 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

In the past year VAP has built further on its aim of supporting communities to become creative and the sustainability of creative practitioners within these communities by achieving sponsorship and funding to deliver our formerly yearly festival, Plymouth Art Weekender. This included nearly £20,000 of Arts Council England funding, and over £10,000 of investment from businesses and galleries in the city. We obtained funding from business sector partners in the city for the first time, such as British Land, meaning we have been able to develop new partnerships in the city. There was renewed enthusiasm for the festival after several years of it being on hiatus after the Covid-19 pandemic. This funding allowed us to create paid positions for 8 artists and creative practitioners, enabling us to put value back into the community. Plymouth Art Weekender took place between the 18-20th October 2024. This iteration of the festival saw 11,000 visits to 62 events across the 3-day festival, meaning that audiences were able to see the work of over 100 artist's’ work at their exhibitions and events. Since delivery in October 2024, residual ACE funding was used to hold consultation meetings to strategies the future of Visual Arts Plymouth CIC structure and program. This has helped us shape the next stage for the festival and line up partners, as well as keeping the organisation in touch with the community and audiences. The four key outcomes for PAW: 1.More opportunities for artists to develop, work, live & thrive in Plymouth. 2.Greater awareness & a celebration of the value of visual arts in the city & beyond. 3.A better-connected visual arts sector locally, nationally & internationally. 4.Increased engagement with a more inclusive, diverse & accessible visual arts environment. 2024-2025 has been a period of event-based activity as well as periods of planning and development for the future of the organisation for 2026 and beyond. This includes development of partnerships for possible investment in future iterations of the festival, and seeking out new directors and steering group members. Opportunities offered were: 1.Network development 2.Technical skills and experience: using recording equipment, transcribing 3.Transferable and soft skills, including confidence, interviewing skills, confidentiality and privacy, data protection, leadership skills, communication and time management. Our plan for 2025 is to collaborate with other institutions and organisations to secure the next point of delivery of the festival and seeking funding opportunities for Plymouth based artists to create funded projects and expand our programme of community engagement to encompass more audiences from a wider selection of the city. Due to operational issues with Arts Council England during 2025 discussions have been delayed regarding the rationalisation and possible restructuring encompassing other cultural entities for a more streamlined and efficient management and delivery.

Consultation with stakeholders

The company’s stakeholders are our funding partners (Plymouth City Council and Plymouth Culture, Karst Gallery, NUDGE Community Builders, Plymouth Octopus Project and The Theatre Royal Plymouth) and the artists and art workers and wider community audiences of Plymouth. Post-PAW20 the stakeholders were contacted individually and questioned about what they thought was successful and what they would like to see happening as part of future PAWs and further programmes throughout the year, and importantly what support could be expected for VAP CIC in kind and financially. These consultations are ongoing. Many new partnerships include the Universities in Plymouth, the City Centre Company, British Land and National Gallery London. VAP CIC was active in the development of the new Culture Plan for Plymouth led by Plymouth Culture, and are in ongoing consultation in 2023-24 to identify where VAP CIC can support the realisation of the plan, and be supported in turn. VAP CIC are active network members of Visual Arts South West (VASW) and Contemporary Arts Membership Partners (CAMP). VAP Directors and artists were actively involved in planning and events connected with the British Art Show 9, which took place. The festival was made more accessible through virtual events. This will be continued/expanded even if we can do more face to face in the future. Communication with stakeholders continues and planning is for a biennial model for PAW, alternating annually with a wider arts festival to include words, music and performance.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 October 2025

And signed on behalf of the board by:
Name: Mr Rhys Morgan
Status: Director